Seneca Foods Corp. Class B Common Stock (SENEB)

FairStock Score: 76/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Seneca Foods is a defensive food packer: canned, frozen, and jarred fruits and vegetables, much of it store-brand, plus licensed brands such as Green Giant and Libby's. Demand is steady, but margins are thin and pricing power is limited. The moat is narrow at best. In fiscal Q1 2026 (quarter ended 2026-06-27), filed figures show revenue of $405.2M, net income of $19.5M, and diluted EPS of $2.85. Earlier, fiscal Q3 2025 (quarter ended 2025-12-27) had revenue of $508.3M, net income of $44.8M, and diluted EPS of $6.48. Full-year FY2024 (period ended 2025-03-31) produced revenue of $1.6B, net income of $41.2M, and diluted EPS of $5.90, down from FY2023 (period ended 2024-03-31) net income of $63.3M and EPS of $8.56. This is a seasonal, cyclical business, not a smooth compounder. FairStock's Lynch category is SLOW GROWER—Shrinking, based on profit falling 4.7% a year over five years and revenue rising only 3.4%. Financial health is acceptable: Piotroski 7/9, Altman Z 3.44, debt-to-equity 0.31. The main draw is cash: trailing free cash flow of $229.5M gives an 18.4% FCF yield. At the 2026-10-13 close of $182.14, FairStock calculates P/E 10.53, P/B 1.59, PEG 0.34, EV/EBITDA 7.07, and a Graham Number of $211.00, a 13.68% margin of safety. That is a modest bargain, not a fortress. I would need recent profit growth to prove durable rather than a rebound.

In plain English: Seneca Foods packs and sells canned, frozen, and jarred fruits and vegetables, including store-brand and brand-name products. The business is profitable and generates plenty of cash, but it is a low-margin, slow-growing food company with uneven profits over time. At the recent price, the stock looks somewhat cheap compared with its earnings and asset value, though the longer record is not exciting.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-06-27) · fiscal Q3 2025 10-Q (period ended 2025-12-27) · fiscal Q2 2025 10-Q (period ended 2025-09-27) · fiscal Q1 2025 10-Q (period ended 2025-06-28) · FY2024 10-K (period ended 2025-03-31) · FY2023 10-K (period ended 2024-03-31) · FY2022 10-K (period ended 2023-03-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer